Whether you’re a First Time Home Buyer or looking for a second home. This article will be your road map on how t
o inteligently buy a home. Real Estate values and Real Estate Sold are two completely different factors to look at when determining how to make an offer on a house that will be a great deal and more importantly,a smart investment.
Foreclosure Homes in Whittier CA, or any LA Foreclosure can become great bargains for a First Time Buyer or Investor as they can give you instant equity beacause in most cases these houses in Foreclosure have had many upgrades from the previous owner. They are also a good opportunity because the banks (Owners) are eager to liquidate the assett and have access to lend it again. If you are interested in buying a foreclosed home, be very careful when making an offer as there are many pitfalls that can cause you to lose your earnest money (Deposit) or get sued by the bank for damages. Hire a Professional Team that will protect you and make sure you get a great home at very low price. Click here to get instant access to every home in Foreclosure and all Real Estate in Whittier.
Short Sale – Houses on Sale that are in a Short Sale process can also be a great alternative to bank owned houses because they usually still have the home sellers residing in the homes that can give the buyer information pertaining to the condition of the home and any improvements that have been made. However, you need to know with certainty that the home sellers are highly motivated to go through with the Short Sale process and not cancel the deal during escrow to attempt a loan modification or file for bankruptcy. The last thing a Buyer wants is to be locked in to a deal for several months in which the seller has no intention on closing the deal and in turn, causes the buyers to lose out on other great opportunities. Click here for a Free report on the 10 Questions all First Time Home Buyers must ask the home sellers on a Short Sale.
Standard Sales and Turnkey Homes (Remodeled) usually sell for 5-10% more than Distressed Homes but are the most competitive houses for sale to buy because of the current “Buyers Market” we are experiencing. With interest rates at an all time low and Real Estate Values on a decline, First Time Home Buyer levels are extremely high. This formula creates bidding wars on houses for sale that were originaly “A Fixer” but have since been completely remodeled. It also drives the demand higher for Standard Sales (Regular Sale) that are known as the traditional home sellers. Its imperative that you have an Experienced team that will guide you on how to purchase a home in todays volatile climate and beat out other buyers to these limited listings. Click here to gain access to all Standard Sales and Remodeled Homes for Sale.
Please Contact our Team with any questions you may have and ask about our next Free Home Buyer Seminar. LaRoche Team-Keller Williams Realty 562-907-9900
